The Los Angeles planning department has given approvals to plans for a 41-story, 570-unit condominium tower to replace part of the World Trade Center complex in DTLA, according to a determination letter filed by the city this month.
The project, which will rise in the city’s Bunker Hill neighborhood, is being led by an affiliate of Jamison Services. The Los Angeles-based real estate company first submitted plans for the 480-foot-tall building in 2018. A Sustainable Communities Environmental Assessment report released last year lists a construction timeline of 39 months.
The new building will rise at the southwestern corner of the 3.64-acre block bounded by Figueroa Street to the northwest, 3rd Street to the northeast, Flower Street to the southeast, and 4th Street to the southwest. The development entails partially demolishing a parking structure and retail concourse at the project site, which currently holds a 13-story office building at its southeastern corner.
Designs are being led by CallisonRTKL.
Plans call for 624,500 square feet of floor area containing nine studios, 403 one-bedrooms, 151 two-bedrooms, and seven three-bedrooms. The developer will set aside 12 units for moderate income households, or those at 120 percent of area median income or less.
The project will also offer about 61,000 square feet of usable open space, including tennis courts, a pool, private balconies, recreation rooms, and lounges. It will provide 243 automobile parking spaces through the site’s existing above-ground parking structure, along with 239 bicycle spaces.
